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The Congregation of the Mary Immaculate donated a land and a dormitory building located along España St. in favor of the Sisters of the Holy Cross, a group of nuns operating a free clinic and high school teaching basic spiritual values. Is the donation subject to donor’s tax? Reason briefly.
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XI.
No. Donations in favor of non-stock and non-profit educational and/or charitable or religious institutions are not subject to any donor’s tax.
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